Company Registration No. 09913478 (England and Wales)
Local Measure Limited
Unaudited accounts
for the year ended 30 June 2018
Local Measure Limited
Unaudited accounts
Contents
Local Measure Limited
Company Information
for the year ended 30 June 2018
Directors
Jonathan Daniel Barouch
Mathew Godfrey West
Company Number
09913478 (England and Wales)
Registered Office
213 The Pillbox
115 Coventry Road
London
E2 6GG
Accountants
Niall O'Driscoll FCMA CGMA
OD Accountants Ltd
Suite 213, The Pillbox, 115 Coventry Rd
Bethnal Green
London
E2 6GG
Local Measure Limited
Statement of financial position
as at 30 June 2018
Tangible assets
6,080
7,738
Cash at bank and in hand
21,550
48,593
Creditors: amounts falling due within one year
(63,181)
(64,851)
Net current assets
59,497
18,711
Called up share capital
51
51
Profit and loss account
65,526
26,398
Shareholders' funds
65,577
26,449
For the year ending 30 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 25 July 2018.
Jonathan Daniel Barouch
Director
Company Registration No. 09913478
Local Measure Limited
Notes to the Accounts
for the year ended 30 June 2018
Local Measure Limited is a private company, limited by shares, registered in England and Wales, registration number 09913478. The registered office is 213 The Pillbox, 115 Coventry Road, London, E2 6GG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33.3% straight line
Computer equipment
33.3% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2017
336
9,524
9,860
At 30 June 2018
336
11,310
11,646
At 1 July 2017
84
2,038
2,122
Charge for the year
-
3,192
3,192
At 30 June 2018
336
5,230
5,566
At 30 June 2018
-
6,080
6,080
At 30 June 2017
252
7,486
7,738
Local Measure Limited
Notes to the Accounts
for the year ended 30 June 2018
Trade debtors
89,033
28,698
Amounts due from group undertakings etc.
-
51
Accrued income and prepayments
12,095
4,620
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
10,778
14,419
Taxes and social security
9,708
4,870
Other creditors
3,893
41,765
Allotted, called up and fully paid:
51 Ordinary shares of £1 each
51
51
8
Transactions with related parties
All income comes directly from Online Media Media Holding Ltd the holding company. The funds are then used to support the UK operations.
The company is a fully owned subsidiary of Online Media Holdings Ltd, Lower Ground 200 Grown street, Darlinghurst NSW 2010 Australia.
10
Average number of employees
During the year the average number of employees was 7 (2017: 5).
